Financial Solutions Advisory Group Inc. Makes New $2.19 Million Investment in JPMorgan Ultra-Short Municipal ETF $JMST

Financial Solutions Advisory Group Inc. purchased a new stake in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 42,928 shares of the company’s stock, valued at approximately $2,188,000. Financial Solutions Advisory Group Inc. owned 0.05% of JPMorgan Ultra-Short Municipal ETF at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the business. Lavelle Capital LP bought a new position in JPMorgan Ultra-Short Municipal ETF in the 1st quarter worth approximately $4,001,000. Allen Capital Group LLC increased its position in JPMorgan Ultra-Short Municipal ETF by 20.6% in the 1st quarter. Allen Capital Group LLC now owns 23,902 shares of the company’s stock valued at $1,219,000 after acquiring an additional 4,089 shares during the period. Security Financial Services INC. increased its position in JPMorgan Ultra-Short Municipal ETF by 29.6% in the 1st quarter. Security Financial Services INC. now owns 37,610 shares of the company’s stock valued at $1,917,000 after acquiring an additional 8,595 shares during the period. Ruggaard & Associates LLC raised its stake in JPMorgan Ultra-Short Municipal ETF by 17.9% during the 1st quarter. Ruggaard & Associates LLC now owns 12,870 shares of the company’s stock valued at $656,000 after acquiring an additional 1,950 shares in the last quarter. Finally, WNY Asset Management LLC bought a new stake in JPMorgan Ultra-Short Municipal ETF during the 1st quarter valued at $483,000.

JPMorgan Ultra-Short Municipal ETF Trading Down 0.0%

Shares of JMST stock opened at $50.91 on Friday. JPMorgan Ultra-Short Municipal ETF has a 1 year low of $50.83 and a 1 year high of $51.13. The stock has a fifty day moving average of $50.92 and a two-hundred day moving average of $50.97.

JPMorgan Ultra-Short Municipal ETF Profile

The JPMorgan Ultra-Short Municipal Income ETF (JMST) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed portfolio of US municipal bonds with a weighted average maturity of two years or less. JMST was launched on Oct 16, 2018 and is managed by JPMorgan Chase.